New York/Portland — Elon Musk’s Model 3, once touted as Tesla’s $35,000 car for the masses, can now set a buyer back almost $80,000. Musk unveiled specifications for a faster and more powerful version of the Model 3 in a series of tweets over the weekend. It will cost $78,000, more than double the $35,000 base-model starting price discussed in the run-up before the electric car’s deliveries started in 2017. And that doesn’t include the Autopilot driver-assist feature. The increasingly expensive configurations for the Model 3 are planned steps, if somewhat counterintuitive ones, toward Musk’s vision of Tesla as a mass-production player with vehicles affordable to a broader swath of buyers. The $78,000 sticker puts the electric sedan beyond reach of many consumers, and, by Musk’s own estimations, brings it closer to the realm of luxury cars. "A Model 3 with a $35,000 price will be the rarest of the rare," said Kevin Tynan, a Bloomberg Intelligence analyst. "Perhaps the second-most col...

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